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IMC


    INT’L METALWORKING CO.
                        IMC COMPASS

                        GOOD BUSINESS CONDUCT

                        AND ETHICS CODE


                            A.  Compliance at IMC: Leading by Example ................................................................................ 5

                            B.  Fair Dealings ............................................................................................................................ 8

                               1.  Protecting Corporate Assets ............................................................................................... 8

                               2.  Fair Competition and Interaction with Third Parties.............................................................. 8

                               3.  Accurate Documentation .................................................................................................... 8

                               4.  No Conflicts of Interest, No Insider Trading, No Corrupt Practices ...................................... 9
                            C.  Motivating to Excellence – Good Labor Management .............................................................. 11

                            D.  Relations with our Business Associates ................................................................................... 11

                               1.  Events with Business Associates ........................................................................................ 11

                               2.  Gifts and Giveaways ........................................................................................................... 11

                            E.  Uniform Global Compliance ..................................................................................................... 12

                               1.  Trade Controls .................................................................................................................... 12

                               2.  Foreign Policy Sanctions ..................................................................................................... 13


























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